April 9th MEETING

APRIL MEETING – How to Wholesale and Stay Out of Jail!

Our monthly meeting will be held on the 2nd Tuesday as normal- April 9th.  Open networking at 6:00 pm and the meeting at 6:30-8:00 pm. Location: Broadmoor County Club- 2155 Kessler Blvd W Dr, Indianapolis, IN 46228

We are excited to see everyone at the April 2019 INREIA meeting!  At this month’s meeting, we are going to cover one of the most popular topics that seems to come up over and over again at our meetings – What are the legalities and ethics related to wholesaling…
Specifically, we’ll be covering:
  • Do I need a license to Wholesale?
  • Is wholesaling illegal?
  • How can I best market a property I don’t own?
  • Can I get in trouble wholesaling?
  • What is the best way to set up a wholesaling company?
  • What paperwork/contracts should I be using to stay out of trouble?
  • …and a whole lot more!
Also, we are going to be discussing two major things going on in the real estate industry nationally: iBuyers and the current class action lawsuit facing the National Association of Realtors (NAR).
If you haven’t heard of the artificial intelligence based tech companies who are lining up to disrupt the real estate industry, you need to go google “Open Door” and “Offer Pad” and start reading up on what they are attempting to do!  We’ll be discussing what these iBuyer companies are, and what they potentially mean for us in the coming years as this technology matures.
Secondly, in case you aren’t following the biggest story in national real estate this year – you’ll want to make sure you are at the meeting tomorrow to hear exactly who is working be turn NAR upside down and is alleging price fixing, collusion and anti-trust law violations.  These types of lawsuits have happened before, but this time around things seem different – and it’s also very bad timing for Realtors with a decade old Justice Department Decree about to expire!

Check out the slides from the March meeting here!

Come to our Meetups! See below for details!

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Legally Speaking.
Legally Speaking is a monthly meet-up sponsored by the attorneys at Griffith Xidias Law Group, during which important concepts impacting real estate transactions and investing are discussed.

The meeting lasts about 1.5 hours and is held at 6:00 pm at 777 Beachway Drive, Suite 102, Indianapolis.

Here’s is another article on real estate & the law from our friends at Griffith Xidias Law:

REAL ESTATE TRANSACTIONS & DEEDS

Read the full article here.

The Meeting After the Meeting

Each month there’s an informal “Meeting After The Meeting” where many folks stay after to network and share deals over a drink/dinner at Broadmoor’s lounge, which is just down the hall from where our meeting takes place.

We are looking forward to seeing you at the meeting!

Have a great day,

INREIA Board

This month’s INREIA sponsor is Velomon Group. Velomon Group seeks to improve the Financial Health of Americans through Education and the Application of new knowledge about money and financial institutions. Check out their site here: https://www.velomon.com

Please visit our sponsors page!

What is INreia?

INreia is the Indiana Real Estate Investor’s Association.  We are a group of real estate investors, professionals and tradesmen, dedicated to fostering a safe, friendly environment to learn about investing, trade information, buy-sell & trade deals, and better ourselves as real estate investors.Our members include novices, seasoned-professionals, and investors of every experience and skill level.  Our commonality is that we believe that every real estate deal should be fair, lawful and ethical.  Read our Ethics Code to learn more about us.

We meet monthly.  Our meetings are FREE.
We currently do not charge membership dues, but we do offer vendor memberships or sponsorships.

JOIN INREIA

Check out our Meetups!

Legally Speaking – 3rd Tuesdays

Agents & Investments – 3rd Wednesdays

The Business Behind Flipping – 4th Tuesdays

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40 thoughts on “April 9th MEETING”

  3. Checking to see if there is a June meeting scheduled? I’m looking for an REIA to join.

  4. I’m interested in becoming a vendor. I work for NEXT Moving & Storage. We are a new moving company and can assist with moves in Indiana. We are looking to expand throughout the US. We have insurance and are bonded. Our services range from packing to loading and moving.

    Thank you for your time!

  5. Please email me upcoming event scheduled. We are interested in becoming a sponsor and rent a booth at your next expo.

  7. Hi, I have a buy and hold property under contract that I would like to wholesale out. Its in the Chapel Hill area of Indianapolis. I can’t afford to keep it but its a good deal for sure. PP: $65,500 Can Rent For $1,200/month. Purchasing from homeowner that ran into some issues and needs to sell quickly. Let me know if anyone is interested. I can email out the investor packet.

  8. I am interested in becoming a vendor member. We opened up a new franchise in Fishers back in Jan of this year. We are America’s Greenest Junk Removal Service and cover basically ALL of central Indiana. We do both commercial and residential jobs from real estate cleanouts, office cleanouts, to construction debris removal as well as appliance removal.

  9. I am an out-of-state investor investing in Indianapolis. Can anyone recommend a real estate accountant and a real estate lawyer located in Indiana?

    Thanks!

  12. My name is Debbie Mac and my husband and I are new members and missed Tuesday’s meeting. We are in desperate need to talk to someone please contact me at 317-918-3369. My husband and I remodel houses or build new ones. We are trying to save our house that we have less than a year to pay on. It is a contract purchase

  13. Hi Debbie. I tried calling you, but there was no answer. You may call my law office, if you still need help. 317-663-0650.

    Matthew A. Griffith, Esq.

  14. Good morning, I’m a novice in the Real Estate industry and working my way into wholesaling first. I found a home owner that would like to sell her property. My only two discrepancies are: I need help with the paper work to make sure it’s done properly and finding more cash buyers. Some help would be great.

  17. Hi again.

    If you would like a free 15-minute consultation, I’d be happy to help you. Call my law office to set up a telephone consultation time.

    Attorney Matthew A. Griffith- 317-663-0650

  19. My name is Dan Matya with Barnett Capital out of Chicago. We specialize in funding purchase and rehabs, refinances, and auctions with no points at closing. Please feel free to reach out to me if you have any further questions. I would be glad to discuss your project with you!

    Dan Matya
    815-757-1142

  22. I have a property for sale in Marion, IN
    Needs a full rehab. In a great location near hospital. Looking for a local investor that is looking to take on a fix & flip project.

    419 W Nelson St.
    Marion, IN

    Make me a reasonable offer!

  23. I am not sure if you can help…I am looking for a list of wholesalers. We are looking for investment property wholesalers because we are in the market now to purchase Investment Property in your area. I am looking to call and meet new wholesalers or investment property wholesalers.

    Thank you so much for your help

  24. Sam, Come to our meeting next week, May 8th and you’ll be able to meet a whole lot of wholesalers!

  25. I am a new person on the Block trying to get into real estate I’m interested in rehabbing properties but I may need some advice on inspecting the properties to make sure that their secure can I get assistance with that and the funding to remodel the house

  26. I’m interested in rehabbing properties for sale can I get assistance in inspecting the properties to make sure that they’re safe and can I have investment funding to rehab the properties

  27. Dear Investor,

             We are a new wholesaling team looking to help you find great Investment opportunities. We are looking for serious cash buyers or investors who are looking for Real Estate in the Indianapolis area, who are wanting monthly cash flow properties.  

       If you would like us to add you to our contact list, please send us an email so we can discuss your particular necessities and/or requirements.

        We Thank You in advance and are looking forward to hearing back from you.

                  Marcus and Chelsea

  28. I am looking for an investor to purchase my home. Hoping to move into 55 and older apt. The up keep is getting to be to much. Are you able to send me a few names of investors that I could talk with. Home is in Decatur township, southwest side of indianapolis. I can be reached at 317 509 5038. Thank you

  29. My name is Charlie Fitzgerald and I own REI Investor Funds, LLC. We fund fix/flip and buy/hold projects in 44 states. Indiana is one of them. I live in Goshen, IN. I deploy my own capital as well as capital of friends and also have access to unlimited amounts of institutional capital. We will consider projects from $40,000 to $4,000,000. We are easy to work with and will work with new investors and seasoned investors as well.

    Our website is:. Reiinvestorfunds.com
    You can call me personally anytime for assistance or to run a deal by me you are considering. My global number is:
    (800) 843-8650 xt. 110

    You can also email me at:
    Charlie@REiinvestorfunds.com

    We would love to work with you.

    No Hassle –
    Unlimited Capital –
    35 years of experience

    Let me know if we can be of service.

  30. We always have a list of Rent to own, Low down payment homes as well as wholesale deals. 317-210-4818

  31. I am looking to get into wholesaling , but have limited funds. Would anyone be interested in me as an assistance to finding deals? If some call Willie at 317-938-1114.

  32. My partner and I are real estate investors with access to off-market properties throughout the US (we are out of state so unable to attend your meetings). We’re looking for cash buyers for all types of assets (hotels, sfh, commercial, land etc.). We currently have a portfolio of 34 x 3 bed/2 bath sfh in Indianapolis, cosmetic rehab required. Please email me at sdsteves99@gmail.com if interested in this or other opportunities. We can look for something to suit your criteria!
    Thanks, Shauna

  33. My company was automatically renewed for sponsorship. Midwest Garage Door was a sponsor last year but was not put on the sponsor page. I am fine with being a sponsor but please add us to the sponsor page. Also it may be a good idea to have a contact page, email or phone number to have a way to contact you. Thank you.

  35. Hello everyone,
    Last night was my first INREIA meeting. I loved it! I can’t wait for the next meeting.
    Straight forward and honest. I am looking for a “mentor” to guide me with wholesaling and investing. I’m interested in multi-family homes. I’m brand new at this but dedicated. I learn fast and I’m willing help anyone who can help me out with the paperwork and legalities involved.

    Please email me TRTHOMPSON.TT@GMAIL.COM

  36. We are accepting a short sale on a COMMERCIAL PROPERTY in Wabash. Almost 5 Acres with lots of parking and a good 20,000 square foot building, with dry sprinkler system. Property is vacant. Owner can lease, sell etc. Quick sales pitch – On state road, (HI-15) with turn lane, light, dual entrance, smooth floor, high traffic flow and of course a great location! –
    Was listed for $1.8m. Owner will accept any offer for short sale.
    Call for info, 818-925-8191 Rick.

  37. Houses for sale:

    267 Miley Avenue
    Indianapolis, IN 46222
    – 2 Bedroom
    – 1 Bathroom
    – 1 Car Detached Garage
    – Unfinished Attic (Big enough for additional Room and Bonus
    Room/Bathroom)
    – Dry Unfinished Basement
    – Fully Remodeled
    – $75K OBO
    ==============================================
    3747 North Oxford Street
    Indianapolis, IN 46218
    – 3 Bedrooms
    – 2 Bathrooms
    – Dry Basement
    – Fireplace
    – Tri-Level Home
    – Needs rehabbed (Written estimate at $23,825.00)
    – 45K OBO

    (317) 617-4609

  39. GSI
    Im looking for investors who are interested in buying properties located in the Indiana area. Please Call 2194401189

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Real estate investors & professionals helping eachother do ethical and profitable transactions.